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18 Horace Street
Malden, MA. 02148

Middlesex County
Area: Oak Grove
Directions: Gps

MLS # 72726128 - Under Agreement
Multi-Family 2 Family - 2 Units Up/Down   Yellow

List Price $715,000 Days on Market  
List Date   # Units 2
Sale Price   # Floors  
Sold Date   Rooms 10
Assessed Value $626,700 Bedrooms 4
Gross Living Area 1,904SF Full Baths 2
Lot Size 4,050SF Half Baths 0
Taxes $7,927.76 Fireplaces  
Tax Year 2020 Basement Yes
Zoning ResA Waterfront No
Est. Street Front   Beach Nearby No
Year Built 1910 Parking Spaces 3
    Garage Spaces 0

Remarks:

In a time of rare opportunity to own a multiunit in this price range in a much coveted neighborhood within walking distance to Oak Grove T station, this property is one to snatch! Home has been well kept and maintained by owner and has yielded continuous rental income. Property features a total of 10 rooms, 4 Bedrooms plus office, storage or spare room, in-unit laundry for each tenant, fenced-in yard, walk-out basement with additional storage space, parking for each unit to the right and left of the property, 1st floor tenant on TAW and 2nd fl tenant on Lease through 7/2021. See seller's disclosure of property for age of main systems, roof, etc. Please, submit buyer approvals prior to attending Open House on Sat 9/19 between 1:00-3:00pm and Sun 9/20 between 3:00-5:00pm. Offers due Monday at 5pm. Please allow 24hrs for response.

Features
Amenities   Public
   Transportation, Park,
   Walk/Jog Trails, Medical
   Facility, Laundromat,
   Bike Path, Highway
   Access, House of
   Worship, Private School,
    Public School,
   T-Station
Basement   Full,
   Partially Finished, Walk
   Out, Concrete Floor
Construction   Frame
Electricity   100 Amps
Exterior   Vinyl
Exterior Feat.   Fenced
   Yard
Flooring   Wood, Tile,
   Wall to Wall Carpet
Foundation   Fieldstone
Heating Zones   1
Hot Water   Electric
Lead Paint   Unknown
Lot   Paved Drive
Parking   Off-Street, On
   Street Permit
Road   Public, Paved,
   Publicly Maint.
Roof   Asphalt/Fiberglass
   Shingles
Sewer / Water   City/Town
   Sewer, City/Town Water
Warranty   No
Units
Common Features Heating: Oil
Unit 1 Appliances: Range, Refrigerator, Washer, Dryer; Bedrooms: 2; Cooling: None; Floor: 1; Full Baths:
     1; Heating: Oil; Lease: No; Levels: 1; Rent: 1330; Rent Includes: Heat; Rooms: 4
Unit 2 Appliances: Range, Refrigerator, Washer, Dryer; Bedrooms: 2; Cooling: None; Floor: 2; Full Baths:
     1; Heating: Oil; Lease: Yes; Levels: 2; Rent: 1850; Rent Includes: Heat; Rooms: 6
Financial Info
Gross Oper. Income   $38,160 Net Oper. Income   $38,160
Additional Information
APOD Available?   No
Adult Community   No
Anticipated Sale Date  
   11/20/2020
Deed   Book: 46201, Page:
   267
Disclosures   Hot water is
   electric for both units.
   Heating system is for
   both units and heat
   included in rent. One of
   1st & 2nd flr bdrms have
   closet in hallway. 3rd fl
   bonus rm has slanted
   ceilings.
Exclusions   Tenant's
   belongings.
Foreclosure   No
GLA Source   Public Record
Living Area Disclosures  
   Buyer and Agents to
   perform due diligence
   regarding actual square
   footage.
Off Market Date   9/23/20
Seller Disclosure Doc  
   Yes
Short Sale   No
Year Built Desc.  
   Approximate
Year Built Source   Public
   Record

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Property Last Updated by Listing Office: 9/23/20 2:22pm

Courtesy: MLSPIN

Listing Office: Leading Edge Real Estate Listing Agent: Janet Aguilar


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